4301 Bellvue Ave
About This Property
Convenience is at your fingertips with quick and easy access to major freeways and public transit, making commuting a breeze. The location is truly fantastic, as you'll be within walking distance to Ramsey Park and Pool, as well as a variety of coffee shops, eateries, shopping centers, grocery stores, and more. Additionally, the proximity to Downtown Austin and the University of Texas campus adds to the appeal of this desirable location.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 8, 2023 | Listed by Tower Realty Austin | $699,000 | |
| Listed by Tower Realty Austin | |||
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Listed Office: Tower Realty Austin - Listing courtesy of Unlock MLS
Phone: (512) 478-9400
Last Updated: 2024-02-12 17:46:06
Data Source: Unlock MLS, MLS# ACT2655377
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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